Learn about social security in Portugal thanks to Horizons’ up-to-date guide.
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Both employers and employees must pay social security contributions in Portugal. Employer social security costs are middling in Portugal compared to its neighbors, and the benefits provided to Portuguese citizens is considered good.
Portugal’s social security system covers several key benefits for employees, including:
Employees must contribute 11% of gross salaries to social security in Portugal.
Employers must contribute a portion of employees’ salaries (23.75%) to the social security system of Portugal.
The social security contribution for employers is much lower in Portugal (23.75%) compared to neighboring Spain (32.1%). Portugal shares a maritime border with Morocco, who requires up to a 21.09% employer contribution to social security.
Employers must contribute 23.75% of monthly employee salary to social security.
Portugal is a developed western-European nation. Portugal’s social security system covers several key benefits for employees, including:
Your business can easily hire employees in Portugal without opening a local entity.
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